China approves 4 new IPOs

23 April, 2019 12:00 AM printer

BEIJING: China's national securities regulator has approved the initial public offering (IPO) applications of four companies.

Beijing Yuanliu Hongyuan Electronic Technology, Ningxia Baofeng Energy Group, Sinofibers Technology, and Shenzhen New Land Tool Planning & Architectural Design will be listed on the A-share market, the China Securities Regulatory Commission (CSRC) said in a statement, reports Xinhua.

It didn't specify the total amount of funds to be raised.

The companies and their underwriters will confirm IPO dates and publish their prospectuses following discussions with the stock exchanges.